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Strive purchases 1,110 Bitcoin, holdings rise to 21,356 BTC; ASST shares jump 11%

Strive’s Nasdaq‑traded shares surged more than 11% as the Bitcoin treasury company said it paid an average of $73,409 per BTC, pushing its holdings to 21,356 Bitcoin.

Strive, a Nasdaq‑listed Bitcoin treasury company, bought 1,110 Bitcoin for roughly $81.5 million between August 17 and August 21. The purchase raised its total Bitcoin holdings to 21,356 BTC.

Purchase details

The company disclosed an average price of $73,409 per Bitcoin, inclusive of fees and expenses. At the time of the filing, Bitcoin was trading near $79,000, about 8 % above the price Strive paid.

Impact on balance sheet and shares

Cash and cash equivalents increased by $17.1 million to $171.9 million. The number of Class A shares outstanding rose to 79.89 million, an increase of 3.65 million shares.

Following the filing, Strive’s ASST shares on Nasdaq rose more than 11 % in morning trading, extending a year‑to‑date gain of roughly 36 %.

Position among corporate Bitcoin holders

With the new holdings, Strive became the seventh‑largest publicly traded corporate Bitcoin holder, trailing Bullish and ahead of SpaceX, according to BitcoinTreasuries.NET data.

Related financial instruments

Strive also manages a variable‑rate perpetual preferred stock called SATA, launched in November 2025. SATA closed at $100.01, returning to its targeted $99‑$101 range after recent volatility. The dividend rate was raised to 13 % in April, and dividend payments switched from monthly to daily on June 16.

Additionally, Strive held 505,000 shares of Strategy’s STRC preferred stock, valued at $48.6 million as of August 21.

Source & attribution

News Source

Publisher
Cointelegraph
Original date
August 24, 2026, 4:44 PM
Original headline
Strive buys 1,110 Bitcoin for $81.5M, holdings top 21K BTC; ASST shares surge 11%
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